Goodbye, Lightning port π
Members of the European Parliament overwhelmingly voted to force Apple and other companies to use a standard USB-C charger on their products β including the iPhone trib.al/dt17Rlt
Unbiased UK news from @business π¨ The Readout bloom.bg/45Arum5 π· Money Distilled bloom.bg/3MLPQ3 π Markets Today bloom.bg/marketstoday
- BREAKING: Boris Johnson says the U.K. will now get ready to split from the EUβs single market and customs union without a new trade agreement trib.al/ArzwaT2
- UK markets have lost at least $500 billion in combined value since Liz Truss took over as prime minister trib.al/OcpmAAt
- NEW: The Qatari group led by Sheikh Jassim is increasingly confident it's won the bidding war for Manchester United, thwarting a rival offer from British billionaire Jim Ratcliffe trib.al/yEhIERo
- "Boris Johnson has been lying to the people in the U.K." German MEP Theresa Reintke tells the U.K. prime minister to return to the negotiating table, "stop blaming others for your own actions," and "take responsibility" for Brexit bloom.bg/3jhYVAb
00:00 - Britain drops behind India to become the world's sixth largest economy The former British colony jumped past the UK in the final three months of 2021 to become the fifth-biggest economy β¬οΈ
- Prince Charles announces the government's top priority is to "help ease the cost-of-living for families," with a promise to "level up opportunity in all parts of the country" bloom.bg/3srLLZ0
00:00 - BREAKING: JPMorgan is moving about 200 billion euros ($230 billion) from the U.K. to Frankfurt as a result of Brexit, a shift that will make it one of the largest banks in Germany
- "The Commission has decided to send a letter of formal notice to the U.K. government" European Commission President Ursula von der Leyen says the EU is starting legal action against the U.K. for breaching its obligations under the Withdrawal Agreement bloom.bg/2Gr9W4o
00:00 - The UK will be stuck with searing inflation for years because of Brexit, according to strategists at Wall Streetβs top banks
- BREAKING: Boris Johnson announces "largest set of economic sanctions Russia has seen," including banning Russian banks from U.K. finance system, blocking Russian firms from raising finance in London and sanctions against over 100 individuals and entities bloom.bg/3Hlj9VD
00:00 - The pound climbed to its its highs of the day after Boris Johnson lost his parliamentary majority bloom.bg/32lhI5J
- The British Soft Drinks Association says manufacturers have βonly a few daysβ of carbon dioxide left in reserve to produce beverages and canβt import supplies from the EU due to Brexit trib.al/HwXRZXD
- "Hasta la vista, baby" This is how Boris Johnson signed off his final #PMQs as prime minister: with advice to "stay close to the Americans" and a quote from Terminator 2 bloom.bg/3OgnWLP
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